Wabash National Corporation (WNC)

Wabash National Corporation's days of inventory on hand (DOH) has shown varying trends over the past five years.

In 2020, the company had 45.21 days of inventory on hand, indicating that it took approximately 45 days to sell its inventory. This metric increased to 53.98 days in 2021, suggesting a slower inventory turnover rate.

However, in 2022, the DOH decreased to 40.84 days, indicating an improvement in inventory management efficiency as the company took fewer days to sell its inventory.

In 2023, the DOH increased slightly to 47.93 days, but it remained below the 2021 level, indicating a relatively stable inventory turnover performance.

In the most recent year, 2024, the DOH increased further to 56.18 days, indicating that it took even longer for Wabash National Corporation to sell its inventory.

Overall, the fluctuating trend in days of inventory on hand suggests that Wabash National Corporation may have experienced challenges in managing its inventory levels efficiently in recent years. It is important for the company to closely monitor and optimize its inventory management practices to ensure a healthy balance between maintaining adequate inventory levels and avoiding excess holding costs.